ADC SECURITE
ActiveSummary
ADC SECURITE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,671 and a net result of €12,162. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-7
Solvency73▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.06 in 2024; short-term debt: 51% and cash: 16.2% of total assets), but 51.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.2%
Return on assets
6.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
on the day
2023
32 d early
2022
37 d early
2021
37 d early
2020
33 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€91,671▼ 25.8%
2024 · €123,508
Total assets
€190,326▼ 14.4%
2024 · €222,342
Net result
€12,162▼ 43.9%
2024 · €21,662
Working capital
€75,571▼ 25.3%
2024 · €101,166
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,692▼ 10.8%€60,262▲ 103%€37,890▼ 37.1%€34,383▼ 9.3%€25,719▼ 25.2%
Net result€15,382within the sector's middle half▼ 34.3%€41,718above the sector's middle half▲ 171%€22,443within the sector's middle half▼ 46.2%€21,662within the sector's middle half▼ 3.5%€12,162within the sector's middle half▼ 43.9%
Equity€64,686within the sector's middle half▲ 23.7%€100,403within the sector's middle half▲ 55.2%€116,846within the sector's middle half▲ 16.4%€123,508within the sector's middle half▲ 5.7%€91,671within the sector's middle half▼ 25.8%
Total assets€163,954within the sector's middle half▲ 6.1%€241,532within the sector's middle half▲ 47.3%€216,930within the sector's middle half▼ 10.2%€222,342within the sector's middle half▲ 2.5%€190,326within the sector's middle half▼ 14.4%
Debt€99,268▲ 5.9%€141,129▲ 42.2%€100,084▼ 29.1%€98,833▼ 1.3%€98,655▼ 0.2%
Working capital€37,490within the sector's middle half▲ 7.0%€72,655within the sector's middle half▲ 93.8%€90,212above the sector's middle half▲ 24.2%€101,166above the sector's middle half▲ 12.1%€75,571within the sector's middle half▼ 25.3%
Solvency39.5%within the sector's middle half▲ 5.6pp41.6%within the sector's middle half▲ 2.1pp53.9%within the sector's middle half▲ 12.3pp55.5%within the sector's middle half▲ 1.7pp48.2%within the sector's middle half▼ 7.4pp
Current ratio1.43within the sector's middle half▼ 0.071.58within the sector's middle half▲ 0.151.98within the sector's middle half▲ 0.402.06within the sector's middle half▲ 0.081.78within the sector's middle half▼ 0.28
Return on assets (ROA)9.4%within the sector's middle half▼ 5.8pp17.3%within the sector's middle half▲ 7.9pp10.3%within the sector's middle half▼ 6.9pp9.7%within the sector's middle half▼ 0.6pp6.4%within the sector's middle half▼ 3.4pp
Staff (FTE)2.3=2.6▲ 13.0%2.3▼ 11.5%2.9▲ 26.1%2.3▼ 20.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 25% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190,326
Fixed assets
€17,606 ▼ 31.5%
Current assets
€172,720 ▼ 12.2%
Equity and liabilities €190,326
Equity
€91,671 ▼ 25.8%
Debt
€98,655 ▼ 0.2%
Debt's share of the balance-sheet total rises from 44.5% to 51.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€39,352▼
2024 · €47,724
Cash flow
€25,796▼
2024 · €35,003
Quick ratio
1.36▼
2024 · 1.70
Debt to equity
1.08▲
2024 · 0.80
ROE
13.3%▼
2024 · 17.5%
Interest coverage
5.72▼
2024 · 7.20
Debt ≤ 1 year
€97,149▲
2024 · €95,486
Debt > 1 year
€1,458▼
2024 · €3,347
Income taxes
€6,700▲
2024 · €6,252
Staff costs
€111,954▼
2024 · €122,661
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €118,788 | €114,978 | €117,822 | €122,661 | €111,954 | ▼ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,388 | €15,936 | €13,279 | €13,340 | €13,633 | ▲ 2.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€8,498 | - | - | - | - | - |
| Other operating charges640/8 | €11,647 | €7,531 | €3,890 | €8,913 | €12,236 | ▲ 37.3% |
| Gross operating margin9900 | €166,017 | €198,707 | €172,880 | €179,297 | €163,542 | ▼ 8.8% |
| Operating profit (loss)9901 | €29,692 | €60,262 | €37,890 | €34,383 | €25,719 | ▼ 25.2% |
| Financial income75/76B | €675 | €413 | €212 | €163 | €22 | ▼ 86.6% |
| Recurring financial income75 | €675 | €413 | €212 | €163 | €22 | ▼ 86.6% |
| Financial charges65/66B | €3,439 | €3,457 | €6,493 | €6,632 | €6,878 | ▲ 3.7% |
| Recurring financial charges65 | €3,439 | €3,457 | €6,493 | €6,632 | €6,878 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €26,928 | €57,218 | €31,609 | €27,914 | €18,862 | ▼ 32.4% |
| Income taxes67/77 | €11,546 | €15,500 | €9,166 | €6,252 | €6,700 | ▲ 7.2% |
| Profit (loss) for the period9904 | €15,382 | €41,718 | €22,443 | €21,662 | €12,162 | ▼ 43.9% |
| Profit (loss) for the period to be appropriated9905 | €15,382 | €41,718 | €22,443 | €21,662 | €12,162 | ▼ 43.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €163,954 | €241,532 | €216,930 | €222,342 | €190,326 | ▼ 14.4% |
| Fixed assets21/28 | €40,000 | €43,812 | €34,774 | €25,690 | €17,606 | ▼ 31.5% |
| Tangible fixed assets22/27 | €38,968 | €42,779 | €33,741 | €24,657 | €16,573 | ▼ 32.8% |
| Plant, machinery and equipment23 | €1,087 | €841 | €2,212 | €3,733 | €1,834 | ▼ 50.9% |
| Furniture and vehicles24 | €29,457 | €34,718 | €25,513 | €16,110 | €11,129 | ▼ 30.9% |
| Other tangible fixed assets26 | €8,424 | €7,220 | €6,017 | €4,814 | €3,610 | ▼ 25.0% |
| Financial fixed assets28 | €1,033 | €1,033 | €1,033 | €1,033 | €1,033 | = |
| Current assets29/58 | €123,953 | €197,720 | €182,156 | €196,652 | €172,720 | ▼ 12.2% |
| Stocks and contracts in progress3 | €26,712 | €31,193 | €31,467 | €34,011 | €40,183 | ▲ 18.1% |
| Stocks30/36 | €26,712 | €31,193 | €31,467 | €34,011 | €40,183 | ▲ 18.1% |
| Amounts receivable within one year40/41 | €63,788 | €165,199 | €104,909 | €145,823 | €100,529 | ▼ 31.1% |
| Trade receivables40 | €60,817 | €165,199 | €103,101 | €139,017 | €85,612 | ▼ 38.4% |
| Other amounts receivable41 | €2,970 | - | €1,807 | €6,806 | €14,917 | ▲ 119% |
| Cash at bank and in hand54/58 | €32,260 | €1 | €43,915 | €16,818 | €30,815 | ▲ 83.2% |
| Deferred charges and accrued income490/1 | €1,193 | €1,327 | €1,865 | - | €1,193 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €163,954 | €241,532 | €216,930 | €222,342 | €190,326 | ▼ 14.4% |
| Equity10/15 | €64,686 | €100,403 | €116,846 | €123,508 | €91,671 | ▼ 25.8% |
| Contributions10/11 | €12,400 | €14,260 | €14,260 | €14,260 | €14,260 | = |
| Reserves13 | €25,860 | €49,000 | €64,000 | €64,000 | €40,000 | ▼ 37.5% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €24,000 | €49,000 | €64,000 | €64,000 | €40,000 | ▼ 37.5% |
| Profit (loss) carried forward14 | €26,426 | €37,143 | €38,586 | €45,248 | €37,411 | ▼ 17.3% |
| Amounts payable17/49 | €99,268 | €141,129 | €100,084 | €98,833 | €98,655 | ▼ 0.2% |
| Amounts payable after more than one year17 | €11,177 | €16,064 | €8,140 | €3,347 | €1,458 | ▼ 56.4% |
| Financial debts170/4 | €11,177 | €16,064 | €8,140 | €3,347 | €1,458 | ▼ 56.4% |
| Amounts payable within one year42/48 | €86,464 | €125,065 | €91,944 | €95,486 | €97,149 | ▲ 1.7% |
| Current portion of amounts payable after more than one year42 | €13,261 | €10,902 | €12,502 | €6,406 | €4,461 | ▼ 30.4% |
| Financial debts43 | - | €2,049 | - | - | - | - |
| Credit institutions430/8 | - | €2,049 | - | - | - | - |
| Trade debts44 | €49,670 | €78,469 | €47,782 | €54,885 | €36,111 | ▼ 34.2% |
| Suppliers440/4 | €49,670 | €78,469 | €47,782 | €54,885 | €36,111 | ▼ 34.2% |
| Taxes, remuneration and social security45 | €14,561 | €21,845 | €18,068 | €12,695 | €17,798 | ▲ 40.2% |
| Taxes450/3 | €2,700 | €9,996 | - | - | €2,740 | - |
| Remuneration and social security454/9 | €11,861 | €11,849 | €18,068 | €12,695 | €15,058 | ▲ 18.6% |
| Other amounts payable47/48 | €8,972 | €11,800 | €13,592 | €21,499 | €38,779 | ▲ 80.4% |
| Accrued charges and deferred income492/3 | €1,628 | - | - | - | €48 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,382 | €41,718 | €22,443 | €21,662 | €12,162 | ▼ 43.9% |
| + Depreciation and write-downs630 | €14,388 | €15,936 | €13,279 | €13,340 | €13,633 | ▲ 2.2% |
| Operating cash flow (approximation) | €29,770 | €57,653 | €35,722 | €35,003 | €25,796 | ▼ 26.3% |
| Investment in fixed assets (approximation) | - | -€19,747 | -€4,242 | -€4,256 | -€5,549 | ▼ 30.4% |
| Change in cash | - | -€32,259 | €43,914 | -€27,097 | €13,997 | ▲ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €41,718 ▲171%
Operating result €60,262, net result €41,718, both a record.
31-12
Financial
Equity above €100,000Eq €100,403 ▲55.2%
4 profitable years in a row build equity to €100,403.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2,459
Net result €2,459 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blégny · 1 establishment unit since 2009
Ground area
2,990 m²
Building footprint
1,496 m²
Volume, LiDAR
14,142 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALARME RUTTEN
since 20092.176.622.788
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62095C0028/00F000 | Wallonia | 2,201 m² | 1 · 1,380 m² | 12.5 m · 3 fl. |
| 62095C0260/00C002 | Wallonia | 788 m² | 1 · 116 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 8,817 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809041960
Also
9925:BE0809041960
Registered
04-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.